Stocks To Buy, Sept 14: Buy 2 PSU Stocks, Tata Group Stock As Recommended By PL

Leading brokerage firm Prabhudas Lilladher has recommended investors to buy 3 stocks in its latest brokerage report. These three stocks are Hindustan Petroleum Corporation (HPCL), Indian Hotels Company, and, Tourism Finance Corporation of India (TFCI). HPCL, TFCI are public sector undertakings and Indian Hotels Company belongs to Tata Group companies. Check details below:

1. Buy HPCL: Prabhudas Lilladher has assigned buy call to the Gas & Petroleum sector stock with target price of Rs 265 per share. The analyst has recommended to keep the stop loss at Rs 248 per share. Current market price of HPCL stock on BSE is Rs 255.90 per share with intraday gain of 0.55%. Its 52-week high price is Rs 309.85 per share and 52-week low price is Rs 200.00 per share, respectively. The large cap PSU company has a market capitalisation of Rs 36,300.65 crore. Hindustan Petroleum shares offered shareholders return of 12% in last 6-months, 8% return YTD, and the stock rallied 30% in last 3-years.

About: HPCL is one of the largest integrated Public Sector Undertaking, engaged in the business of refining Crude Oil and marketing of various petroleum products like Asphalt, Diesel, Kerosene, LPG, Lube Oils, Petrol, branded products like ATF (Aviation Turbine Fuel), Power, Turbojet, Naphtha, throughout India and at select foreign countries. Some of these products are exported to other countries.

2. Buy TFCI: The analyst has placed buy call to public sector undertaking (PSU) stock, Tourism Finance Corporation of India with target price of Rs 112 per share and keep the stop loss at Rs 100/share. Current market price of the small cap stock operating in finance sector is Rs 104.60 per share with marginal intraday surge of 0.14% on BSE. Its 52-week high price is Rs 117.40 per share and 52-week low price is Rs 59.80 per share, respectively. The company has a market capitalisation of Rs 940.33 crore. TFCI stock witnessed a gain of 43% in last 3-months, soared 23% YTD, surged 66% in last 1-year, and offered 170% return in last 3-years.

About: Tourism Finance Corporation of India Limited, popularly known as TFCI, is a premier public financial institution which commenced operations in 1989 with core objective of providing finance and advisory services to the tourism sector in India.

3. Buy Indian Hotels Company: The brokerage firm has recommended investors to buy Indian Hotels share with target price of Rs 428 per share and keep the stop loss at Rs 409 apiece. Current market price of Indian Hotels stock on BSE is Rs 417.40 per share with intraday surge of 0.65%. Its 52-week high price is Rs 436.25 per share and 52-week low price is Rs 280.20 per share, respectively. It has a market capitalisation of Rs 59,259.10 crore. In last 6-months, Indian Hotels shares rallied 32%, soared 30% in last 1-year, and rose 319% in last 3-years.

IHCL was founded in 1902 by Jamsetji Tata and is headquartered in Mumbai where its flagship hotel Taj Mahal Palace Hotel is also located. The company's hotel chains include Taj, SeleQtions, Vivanta, and Ginger.

Disclaimer

The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.